Posted Thursday 30th June 2022
Crowdfunding has become the third most active investment type in the UK, when it comes to equity investment. The number of raises through 2021 was 573 and by comparison, angel investment produced 602 equity fundraises. Beauhurst have done a deep dive into the state of equity crowdfunding in 2022.
The saga around buy now pay later start-up, Klarna, is set to continue as reports suggest the company are attempting to raise further investment at a third of its previous valuation. Once valued at $45bn, the valuation may shrink to a lowly £15bn.
The term ‘Unicorn’, coined in 2013, used to signal the rarity of private companies valued at $1bn but each year the number of unicorns in the UK has risen. Who are the latest to make the grade?
Following the success of Google’s Black Founders Fund, launched last year, they are doubling the size of the fund to £3m. Last year, 30 start-ups were funded and have gone on to raise a further £65m in follow-on funding.
Is the tech boom over? Venture capital funding recorded the first drop in investment last quarter, suggesting that more scrutiny is being placed on start-ups. A slow-down of funding may mean fast-growth companies will have to look for creative options to grow their businesses at the same pace.
Next month we are sponsoring the annual Bread & Jam Festival, aimed at helping founders of food and drink businesses develop their networks and grow their brands. Use our discount code ‘EXHIBITORPAL’ via Eventbrite for £30 off a standard ticket.
This article is for reference purposes only. It does not constitute legal advice and should not be relied upon as such. Specific legal advice about your specific circumstances should always be sought separately before taking or deciding not to take any action.
The Court of Appeal ruled that option consideration paid by a buyer should not be included in the calculation of a company's turnover for determining the purchase price.
Joelson, the leading London law firm, has successfully advised the sellers of Pet Microchip Services Ltd (PMS) on its sale to Identi.
Joelson has advised the company and management of Addison Lee on its acquisition by ComfortDelGro, a leading multi-modal mobility operator.
We have partnered with Ecologi and are now a Climate Action workforce. Through Ecologi we are planting trees across the world to grow our own forest to offset our carbon emissions.
